Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

223 E 50th Street #2-C
Interested in this property?
Pending For Sale Co-op

$479,000

223 E 50th Street #2-C

Turtle Bay, Manhattan

MLS® #RLS20024146

RLS at REBNY

Listing by City Connections Realty Inc

1

Bedroom

1

Bath

N/A

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1928
Ownership Co-op
Maintenance $1,126.79/mo
Neighborhood Turtle Bay
Floor 2 of 6

Property Highlights

  • Exposure: North,West facing
  • Style: Prewar architecture
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 6
Exposure North,West
Cooling Window Units
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1928
Architectural Style Prewar
Structure Type None
Block/Lot 1324/0011

Listing History

Event Date Price Change
Listed May 15, 2025 $510,000 -
Price Reduced Mar 20, 2026 $489,000 -4.1%
Currently May 28, 2026 $479,000 -2.0%

Description

Flexible Co-op: Pied-à-Terres, Co-Purchasing & Subletting Allowed

*Elevator and Laundry Room, too. *

This is the one you’ve been waiting for! Full of charm, comfort, and smart updates, this whisper-quiet 1-bedroom is tucked inside a well-kept elevator co-op on one of Midtown East’s most gorgeous tree-lined streets.

Whether you're a first-time buyer, seeking a perfect NYC pied-à-terre, or exploring an investment, this co-op offers rare flexibility and value you won’t find elsewhere.

Apartment Features:

• True king-sized bedroom
• High ceilings — over 9 feet
• Gleaming hardwood floors that add warmth and character
• A bright, inviting vibe with soft lighting and crisp white walls
• Full kitchen with French door cabinets and a dishwasher
• New window A/C units with remote controls
• Sparkling white bathroom with window and full bathtub — clean, classic, calming

Perks of the Building:
• Elevator
• Laundry room
• Virtual doorman/intercom system with smartphone access — easy and secure

Location:

Live where convenience meets charm! This vibrant Midtown East location has it all — transportation, amazing restaurants, cozy cafés, bars, supermarkets, parks, gyms/exercise studios, and even a weekly farmer’s market just blocks away.

Why This Co-op Stands Out:

• Extraordinary flexibility: pieds-à-terre, co-purchasing, and subletting (after 2 years) permitted
• Financial advantages: the cost of ownership is lower than renting a comparable unit — plus enjoy the security of homeownership and valuable tax benefits
• Only 20% down required
• Low maintenance

This cheerful and welcoming home is a rare find in an unbeatable location — combining lifestyle, financial smarts, and peace of mind. Don’t miss your chance to call it “home!”

Note:
* Capital assessment: $747.85 through 9/30/2027.

Features & Amenities

Interior Features

Kitchen Window Common Area

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Stories 6
Structure None
Style Prewar

Financial Details

Maintenance $1,126.79/mo
Original Price $510,000
Previous Price $489,000

Turtle Bay is a refined and diplomatic corridor, home to the United Nations Headquarters and numerous international consulates. The neighborhood is famous for the historic Turtle Bay Gardens and its tree-lined streets. Real estate in Turtle Bay offers a wide selection, from elegant pre-war townhouses to modern luxury condominiums that provide a low-traffic residential atmosphere just steps away from the bustle of Midtown.

Turtle Bay Live Market Data

View Neighborhood

Active Listings

172

Median Asking Price

$1.01M

Median $/Sqft

$1,461

Avg Days on Market

N/A

New This Week

7

Price Reduced

40%

Sold (30 Days)

11

Median Sale Price

$1.39M

Live data from RLS at REBNY • Updated 5/28/26, 7:03 PM EST

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Location

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223 E 50th Street #2-C, Turtle Bay, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1992
Year Built
34 years old
1
Floors
M1-2D
Zoning District

Tax & Assessment

Assessed Value: $198,900
Land Value: $33,750
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,504 SF
Building Area: 3,150 SF
Built FAR: 1.26
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,126.79 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1928, making it approximately 98 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20024146
First Listed: 5/15/2025
On Market: 5/15/2025
Price Changed: 3/20/2026
Pending Since: 4/16/2026
Contract Date: 5/15/2025

Listing Courtesy of City Connections Realty Inc - Fanny A Gandelman

Listing Contact: (212) 804-8820

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/28/2026 at 11:03 PM UTC

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